Stock markets fell after a comment by Fed chairman Ben Bernanke stating its plan to pull back monthly purchases of assets.
Regions
German Bund Falters in Light of Fed Reserve Pronouncements
Rampant speculation on Fed Reserve actions have caused German, Italian and Spanish bonds to decline.
Bank Regulators Studying Increasing Simple Leverage Ratio
Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.
China's Cash Shortage Stretching Communist Party Leadership
The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.
Fed Reserve Remarks Causes Fall in Worldwide Financial Markets
Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
Latest News
Beijing Automotive established BAIC International Development Co to lead overseas acquisitions. (Photo : Reuters)The image is a snapshot of a Chinese roadway.
Site Scout purchased intellectual property assets by AdBrite. (Photo : Reuters)These two screens exhibit online advertisements. Site Scout Inc. has announced that is has purchased intellectual property assets produced by AdBrite Inc.
Apax Partners' Apax VIII fund closed at US$7.5 billion. (Photo : Reuters)This is the logo of Apax Partners. Apax Partners, a globally leading private equity firm, said on Friday that it has received US$7.
Japan planned to limit spending excluding payment of debts for the next two fiscal years. (Photo : Reuters)The image shows a man passing by the electronic board that displays Nikkei shares closing prices.
Asian markets buckled badly after the Federal Reserve indicated eventual end to free money on Thursday.
On Thursday, the Swiss National Bank announced that Credit Suisse and UBS must cut their debt levels that still top international rivals.
Rockwood Holdings Inc. cancelled a planned auction combination of its titanium dioxide and performance additives units.
JoS. A. Bank Clothiers Inc. is seeking to buy more stores. Most people might think that JoS. A. Bank Clothiers Inc. is big enough already with over 600 stores.
Stock markets from Asia and Australia prepared for a decline after the United States began to withdraw stimulus.
